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Determine the number of days each account is past due

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Reference no: EM132470183

Number of Days Past Due

Toot Auto Supply distributes new and used automobile parts to local dealers throughout the Midwest. Toot's credit terms are n/30. As of the end of business on October 31, the following accounts receivable were past due:

Account                             Due Date                                   Amount

Avalanche Auto               August 8                             $12,000

Bales Auto                    October 11                              2,400

Derby Auto Repair          June 23                                   3,900

Lucky's Auto Repair       September 2                             6,600

Pit Stop Auto               September 19                           1,100

Reliable Auto Repair       July 15                                    9,750

Trident Auto               August 24                                 1,800

Valley Repair & Tow       May 17                                   4,000

Question 1: Determine the number of days each account is past due as of October 31.

Account                              Due Date                    Number of Days Past Due

Avalanche Auto                August 8                       ____

Bales Auto                      October 11                    ____

Derby Auto Repair           June 23                         ____

Lucky's Auto Repair         September 2                    ____

Pit Stop Auto                September 19                    ____

Reliable Auto Repair           July 15                          ____

Trident Auto                 August 24                         ____

Valley Repair & Tow        May 17                               ____

Reference no: EM132470183

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